Examples of Initiating Purchasers in a sentence
In the event that the Common Stockholders fail to enter into a binding agreement to repurchase the securities of the Initiating Purchasers in accordance with the Put Right with in ten (10) days from the date of the Drag-Along Notice or tender the full purchase price within thirty (30) days from the date of the Drag-Along Notice, the Initiating Purchasers shall have the right to enforce the Drag-Along Right as set forth in Section 7.1(i).
At the request of the Initiating Purchasers (with respect to a Request For Registration by the Initiating Purchasers) or the Initiating Preference Holders (with respect to a Request For Registration by the Initiating Preference Holders) the distribution of the Registrable Securities covered by a Request For Registration shall be effected by means of a firm commitment underwriting.
If the Initiating Purchasers intend to distribute the Registrable Shares by means of an underwriting, they shall so advise the Company in their request.
The issuance of a title under Subsection (e) is recordation of the assignment.
The managing underwriter will be selected by the Company and shall be reasonably acceptable to a majority in interest of the Initiating Purchasers.
At the request of the Initiating Purchasers, the distribution of the Registrable Securities covered by a Request For Registration shall be effected by means of a firm commitment underwriting.
Upon receipt of any such request from the Initiating Purchasers, the Company shall promptly give written notice of such proposed registration to all other Purchasers.
At the request of the Initiating Purchasers, the distribution of the Registrable Securities covered by a Request for Registration shall be effected by means of a firm commitment underwriting.
Promptly thereafter, the Initiating Purchasers shall provide a copy of the Purchase Notice to the Second Priority Representative (and the Second Priority Representative shall provide a copy thereof to each other Second Priority Debt Party).
Such Initiating Purchasers shall also provide with the Purchase Notice, evidence reasonably satisfactory to the Senior Representative that they have combined capital available on a timely basis sufficient to make such purchase, and the delivery of such evidence shall be considered an integral part (and included within the definition) of “Purchase Notice”.